Maib, Moldova’s largest commercial bank, one of whose shareholders is the leading asset management group in the Baltics Invalda INVL, will pay out 628 million Moldovan leu (MDL) (EUR 31.9 million) in dividends for the year 2024.
Payment of dividends was agreed by the shareholders of maib at a shareholders’ meeting held on 19 June.
“Dividends are paid out at 45% of the 2024 profit, ensuring sustainable growth of the maib’s loan portfolio while aligning with shareholder return expectations”, says Vytautas Plunksnis, the Chairman of the Supervisory Board at maib and Head of Private Equity at INVL Asset Management.
This is consistent with maib’s dividend policy of returning between 30% and 50% of net profit to the shareholders, as approved by the shareholders during the Annual General Shareholders’ Meeting in 2024. The same dividend policy is being continued in 2025.At the end of March 2025, maib’s capital adequacy ratio reached 19.9 %, exceeding the requirements set by the Central Bank of Moldova.
In 2024, maib recorded an audited net profit of 1.41 billion MDL (EUR 73.4 million), which is 15.7% more than in 2023.
About maib
Maib is the largest bank in Moldova. As of 31 December 2024, it accounted for 35% of the country’s bank assets market and 38% of loans. The bank serves more than a third of the people in Moldova and is one of the country’s largest employers. Maib has a high level of capitalisation – as of 31 December 2024, its capital adequacy ratio was 20.6%. In 2024, for the sixth consecutive year, The Banker – a magazine published by The Financial Times – named maib the best bank in Moldova and Global Finance named maib the best sustainable bank in the country.
Since 2018, maib’s largest shareholder is a consortium of investors consisting of the European Bank for Reconstruction and Development, Invalda INVL – the leading Baltic asset management group, and Horizon Capital – a private equity fund manager focused on emerging Europe.
About Invalda INVL group
Invalda INVL is the leading Baltic asset management group with a track record spanning over 30 years. The group’s companies manage or have under supervision more than EUR 1.9 billion of assets across multiple asset classes including private equity, forests and agricultural land, renewable energy, real estate as well as private debt. The group’s scope of activities also includes family office services in Lithuania, Latvia and Estonia, management of pension funds in Latvia, and investments in global third-party funds.
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